RICHARDSON, TX--(Marketwired - February 28, 2017) - Optex Systems, Inc., a wholly owned subsidiary of Optex Systems Holdings, Inc. (OTCQB: OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today that it has been awarded a $1.3 million award with a domestic manufacturer of premium optical devices. The products will be manufactured at the Applied Optics Center (AOC) Division of Optex Systems, Inc.

Bill Bates, General Manager of AOC, stated, "Optex's line of optical sighting products has a reputation for quality and credibility in the defense and commercial markets and we are pleased to secure yet another significant award. Our customer service and ability to deliver high-grade components have been key in driving this relationship. Looking ahead, our focus will be on generating recurring revenue growth as well as expanding our brand to secure new commercial and international customers."

Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.

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